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The UK gambling landscape is undergoing significant changes, with calls for reforms to ensure the thriving of casinos. Damian Collins, a former Minister for Tech and the Digital Economy, emphasized the need for timely reforms in a recent article. Concurrently, the UK’s online gambling sector is adapting to evolving player preferences, particularly with the rise of crypto casinos, which have seen a 25% increase over the past year. This growth is attributed to advancements in technology and changing consumer demands. In Australia, Star Entertainment has halted trading of its shares as it assesses the impact of a regulatory inquiry that found the company unsuitable to operate its Sydney casino. The inquiry raised serious concerns about the company's fitness to hold a license in New South Wales, prompting the gaming regulator to evaluate the findings further.
MEET THE COUNTRIES LEADING ON CRYPTO ADOPTION… - A recent study by Henley & Partners has shared valuable insight into the levels of crypto adoption shown by countries around the world, showing which nations really are leaders in the sector. “researchers ranked various… https://t.co/UkaorbPE1b https://t.co/f4bTo7Hlq1
Update on the Review of the #Gambling Act 2005: Financial #Risk Checks, Age Verification Processes and More to Follow https://t.co/FX4rfVDs2S #UK #gaming #casinos @SPB_Global https://t.co/nDyYCXT5zp
crypto I think does well bc 1] Wealth taxes / CBDC encourage money to flow offshore and Switzerland doxes clients gold custody via the AEOI 2] Stripe / others enabling crypto payments 3] AI agents will sell things for crypto 4] Structural demand for gambling online is up
